Voluntary Separation Incentive Trust Fund Financial Statements for FY 1994

Abstract

The primary audit objective was to determine whether the Fund's FY 1994 financial statements were presented fairly in accordance with generally accepted accounting principles or the other comprehensive basis of accounting described in OMB Bulletin No. 94-01, "Form and Content of Agency Financial Statements," November 16, 1993. We evaluated the internal control structure established for the Fund, and we assessed compliance with applicable laws and regulations that could have a material effect on the financial statements. We followed up on the conditions noted in our audit of the Fund's FY 1993 financial statements. In an advisory memorandum we issued on October 14, 1994, to the Under Secretary of Defense for Personnel and Readiness, we identified improvements to the financial statement process. Those improvements could provide beneficial data to program managers and other users of financial statements.

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Document Details

Document Type
Technical Report
Publication Date
Mar 29, 1995
Accession Number
ADA372726

Entities

People

  • Carmelo G. Ventimiglia
  • F. J. Lane
  • Richard B. Bird
  • Russell A. Rau
  • Thomas C. Schmidt

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Auditing
  • Comptrollers
  • Computer Programs
  • Computers
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • Law
  • Military Personnel
  • National Security
  • Naval Personnel
  • Personnel Management
  • Security
  • United States

Readers

  • Defense Financial Management and Audit.